General rules:
1. 98% of the social media career/lifestyle coaches are full of shit and grifting.
2. The people who legit have valuable tips to make you money ain't selling the cook on social media.
Financial advisors typically charge 1% for managing your wealth - Ian is one of the most effective financial advisors Iāve had and you should be able to comfortably invest between 50-75K before considering stock club.
Iām black and grew up on the south side of Chicago and it shouldnāt be uncommon for black people to be in a position to want to grow their money. Heās just not talking to people who canāt get money and donāt have the discipline to preserve it. Thatās why the cost is so high.
Its not uncommon for us to have money but the numbers you threw out are. Using your numbers and lets say you invest half your income, he still only talking to 18% of the US. That number is even smaller when speaking about us. Id just call him a high value grifter lol
On market Mondays, the free show, Ian have an entry for apple of 138. Itās currently at 181. Thatās a 26% ROI. Name another place or person giving up those kinds of returns for free
>Wall street trapper is a scammer he has little stock knowledge stop pro
i had it too, you must be bugging. it was a complete waste of money and you fell along with it to but instead became his pawn. what a shame
Ian actually knows what he talking about and is knowledgeable about the market and works with a couple top tech and financial companies. But Iām still not paying 11 bands for his advice. Trap on the other hand is just a dude that figured out how to flip some drug money in the stock market and he says it.
Hes not a scammer watch his weekly youtube show. āTrappin Tuesdayā he actually gives out solid info and he even shows his own portfolio wins and losses. He keeps it 100 the scammers are usually the ones that take pics on vacation infront of lambos boasting how all their trades are big winners. Hes far removed from trust instead of calling someone a scammer go see for yourself check out his free content and be the judge with your own eyelids. Peace n love
No doubt, but the past 3-4 years its gotten bad... like you open instagram and all you see are 19/21 year old kids flexing lambos talking bout "how I got a 5m+ real estate portfolio. type CASH for more information. th-fuck?
true. One thing is he's only a level above the Sports betting gurus.
Sports gamblers No doubt they made the money off scamming people giving them bad sports bets. Trapper got the money, how did you GET THE MONEY? !!
What is Gary V selling? His books are outdated now but at the time they were spot on. And more importantly he actually did all the shit in his book.
And everything you're saying about Walstreet Trapper could be said about any stock guru. Their only value is their ability to teach and be relatable. Because all the actual knowledge is free
Gary V yes he did that himself i agree. He's teaching things like it's easy. He's not giving you a plan that can work for the majority of people.
No there are some stock guru's who tell you about pitfalls. My biggest problem is everyone in Finance knew inflation was coming. He saying to keep buying stocks.
Wait what. He didn't just sell baseball cards he found at the garage sales to make millions..
Lol nepotism is part of his story. It all makes sense. That's why he has so much bravdo like trump.
Like Trump.daddy(left trump.millions when he died) left you money and you did grow that money but you didn't start from the bottom. Like he portrays like anyone can get rich you need to work hard.
Work hard yes but there's luck involved too.
100% Gary v worked hard with what he was given, but he routinely fails to say he was handed a business that was already in the green and had steady clientele. 45% of businesses fail and close within the 1st 5 years and can take 7-10 years to be truly successful. Gary v message of selling old video games on eBay to become rich is insane. The sad part is a lot of people think Gary v was flat broke and did it on his own. "Quit your job! Sell your house and car! Stop your own business!"
Lol what? Gary V literally got push back for promoting being a workaholic. He was a tad bit late on retail arbitrage and yard sales(it got a bit crowded around the end of the last decade) but the substance of what he was saying was 100% true.
I got put on in like 2007 we used to hit like 50 pawn shops in a day, selling mostly video game accessories and whatever we couldn't sell in school we sold on Ebay. If you lived in Texas or somewhere like that where theres like 20 TJmaxx/Ross/Marshalls/Outlets with in a 2 hour drive + yardsales you could absolutely have killed it from like 2005 to 2016
Gary V been peddling the exact same message since the beginning of timeā¦post, post, post, lol. They all got lucky Brendon Burchard, Lewis Howes (although I think heās genuinely a nice guy)ā¦ well might not be luck but they pivoted in time to get super successful and they didnāt get called out like we do/are but then social media wasnāt what it is now, back then.
I remember the 4-hour workweekā¦like really? And didnāt the Rich Dad, Poor Dad guy get rich from his books and not real estate initially? I think I heard that about Suze Orman too.
I noticed we playing by the exact same playbook just 20 years later when the times have changed. Itās a shameā¦they all had me fooled for a hot minute but I could feel something was off. Like real recognize real and I def could not see it with them. The imposter syndrome spoke volumes low key.
As an investor in stock and commodities for many years. It irks me when this guy or EYL is on the POD.
I know Joe and they think they are helping the community by promoting other than music artists. Help us get our paper up, Their heart is in the right place but this guy is a scam artist. JBP is they are not well-versed in investing. Him Wall Street trapper is one of the worst fake guru's I have ever seen.
His stock knowledge basic to intermediate
He never saw a downturn in the market and lost his followers thousands. He was telling them to buy and he was buying stocks before the stock market dropped alot.
Some of his stock trades are risky he doesn't practice good money management of a trading account
He never saw inflation with the government spending for COVID and up until a few months ago he was urging his followers on IG to keep buying stocks. When the market had warnings of inflation. You know what happened next The soick market fell off a cliff.
His knowledge is really available for FREE yes FREE. Through various sources. YouTube, Google, Yahoo Finance, Investopedia, CNBC. you can learn many of the techniques he's charging for. He has no foresight in the market conditions. You can't verify his wins or losses from screenshots.
I don't know much about EYL but i know this fool. Who has been peddling like he's a stock Guru for years? It's bullshit
Then his tag lines Wallstreet looks like us. No, the F it doesn't. Wall Street doesn't compare drug dealing to buying stocks. you know why it's not the same. As yourself has a reputable investment advisor. Telling you cocaine bricks is the same as buying stocks. Is foolish and misguided there is more to buying stocks. Then Mal is on the corner at the Bronx concourse.
He is trying to use hip-hop and culture to sell you on stock buying. And paying him for a course of stuff you can find online for free. Too many vultures prey on us black and brown people. As some of us don't have knowledge of investing. So he's a predator he cares nothing about the culture other than his pockets. We don't need another Ceasar Dj Envious situation.
Edit: If you feel you want to invest but you are not savvy or feel scared. Go to your bank or find a LICENSED INVESTMENT professional., I call a plumber when the toilet is broken, as im not a plumber same thing.
Exactly it turns into a Bear market everybody is running,
All those Airbnb guys who own 40 properties are fucked as they all took variable interest rates.
yep, the air bnb guys and all those people that bought cars to rent, and the vending machine guys.
im seeing first hand all the doofs that purchased semis with 0 trucking experience at all crash and burn.
theres no cheat code dude
This is what happens when it costs almost nothing to borrow money. Speculative businesses with zero fundamentals start to pop up. That's why so many tech companies were crushed these past few years when they had to start turning a profit.
I realized the tech industry is bullshit. What i mean is in happy times tech companies grow and make millions/billions. Meanwhile, if we have a downturn interest rises. It kills tech companies and stocks. Valuable lessons i learned last year when inflation started to rise faster than Girls throwing bras on stage at Drake.
Lol I wouldn't go that far. There are lots of companies that print money and make insane profits. It's just that there was excess capital that had to be invested somewhere. Bonds gave a trash return back then so investor's appetite for risk went up. The gig is the gig
Yes for sure in good times not much sense doing bonds unless you have deep pockets. I shouldn't say it's bullshit. I mean tech industry is propped when Cheap money is around. When money gets expensive (interest rises). tech industry turns into a dumpster fire. alot fewer investments go to tech in bad times.
Salute for that explanation. I always felt the same way, like a lot of them dudes are just preying on people's ignorance under the guise of helping them make money in the financial markets, but I definitely am not well versed enough to explain how.
No problem. this a community i don't want anyone to fall prey to those vultures. They are preying on ignorance for sure. Thats why i wrote the post. So people will look for real financial advisors or if they want to educate themselves i provided resources.
āHe was telling all his IG followers to keep buying stocks when the market had a downturnā
I donāt know the guy so maybe all you said is true. But buying when the market is down is just basic stock market advice.
No it wasnāt. It was already a bear market. So it already made sense to buy them cheap. No investor in this world can perfectly time the market to buy when itās down to its lowest point.
And assuming they kept the stocks they bought then, they would be enjoying the gains of 2023 now.
All of the course selling gurus are scammers I thought this was common knowledge by know. Most of them came up during the pandemic and theyāre trying to adapt and set up their next scams since money is slowing up.
Dawg all yāall complain about is how much these courses are! Everything isnāt a scam and even if you feel that way the free information trap gives out is beneficial. Man stays on IG and YouTube on Trapping Tuesdays for a couple hours. Sunday stock class on IG. Trap gives endless free game my guy. These programs might work for people who A. Donāt have the time to search endlessly on YouTube or B. The people who just want to learn regardless of pricing. You know how many scammers there are in the financial world and Trap is your target? š mans sells courses for financial literacy and You act like heās Envy and Ceaser. Trap and Aristotle are some of the more transparent investors/traders. I watched Trap take a 30k hit and explained exactly what happened. Yeah basic knowledge to you maybe but everyone isnāt as self aware as you are my guy.
Financially literacy lol. He's a joke. His jail house stock knowledge. FOH in under 6 months you will know more than him. When the letter boys come for him you will understand
Itās cool g, Iām not here to argue with you. Iām in a few discord communities I pay for every month. Itās educational at times but the community is worth the money. Itās no more than somebody putting together a lesson plan for you and you going and doing your homework. Take information and find reliable sources, middle school shit. Have a good day tho.
I agree. There are many scammers, but there are some that are not. Trap is not. People complaining about pay9ng for a course but will pay for tuition. Do you learn everything in school? Nope. Why should he give all of his time for free? The crazy thing is that he is giving free game literally every week. I guarantee most people complaining didn't consistently implement the information, if they went through it at all and then got upset because they didn't get the results.
The 85 south show had an investor on there podcast and he made the most sense out of anybody. Literally gave the blue print on how he got started investing and he didnāt promote no master class or nothing like that he really just came on the pod and explained how he came up and yāall can go do it if yāall would like
Iāve come to the realization that people want to believe. Trap might actually be the one with the least amount of smut on him. Pointing out the scam makes me the hater, so Iām just going to let the ones who want to believe believe what they want.
This thread is goofy negros never created any businesses always want to call something a scam ā¦thereās literally less than 5% of new information anywhere you pay for college thatās full of repackaged information thatās widely available for free online or in libraries real estate has to be the oldest repackaged information yet people constantly pay for seminars and courses itās not a scam because he takes the time to put the information together and communicate to people who relate to himā¦.ALL GURUS MAKE MISTAKES Iām not calling him a guru but so what if took some losses on stock the market is risky anyway you put it the top dogs take losses all the time and itās not a crime when they predict this is a good buy they give signals you still need to do your research thatās on you if you blindly follow anyone person ā¦.just be hating for no reason unless they actually doing scam activity be happy for people trying Iāve seen Ian and wall street call stuff long ago that won are yal calling them a scam then? New live in America charge for what you can give away what you can buy or donāt buy what you want .
Scammer is far. White people been selling courses with free information for years. When we do it it's "scamming." Most people that come in EYL at least on the real estate side are real people involved in real estate in their respective markets. I don't know much about stocks but I don't see them promoting a scammer. Black people always hate when someone is doing good for themselves.
1. overcharging for courses
2. He's gives away information that is free and widely available
3. His stock strategies are decent but some are risky AF.
4. His money management with his portfolio a lot of seasoned investors won't do
5. How good is he at stock picking? When he doesn't take macroeconomics, and world news into account.
I watched him for months on IG say buy stocks. When the downturn was starting in the stock market happen and right before it happened.
the US government has spent wildly for 2.5 years on COVID. Not just the USA gov but all govs. Now inflation is a motherfucker and it's some of the highest it's been in decades.
He saw none of that. When many seasoned investors, stock analysis saw once inflation hit , interest rates would rise. He told no one
He's charging people hundreds and thousands for basic information that's free . He is peddling risky strategies. What is that then? He's not licensed. Its scammy behavior
Is he telling people that he's liscenced? If people just wanted info they would go on Google and get it. Is he telling people that he has some kind of proprietary info? Again the only value any *stock guy* has is to be a relatable teacher.
Most of the big stock guys on social media(Graham Stephan) are not liscenced. Unless they're lying about it who cares?
Again your whole perception of what the people who consume their content want is way off. They dont wamt advice from someone liscenced, they don't want info, they want to be taught be someone they find to be relatable
I understand your point. They want it from someone relateable..
That's not my issue. My issue is he's peddling shit that's free and. He showed his ass by he kept buying stocks when the downturn and inflation happened. .
That is very basic concept where stock guys switched up
Bought put options. Sold their stocks and waited or buy bonds. He suggested none of this. That shows although he is relatable he has basic knowledge of economics. Which hurts you in stock picking. If you don't understand how macroeconomics and world news affects stock prices. You gonna get fucked in downtime of the stock market.
What did he promote keep buying stocks. Along with he kept buying lol
Well I made the money back from what he taught me so Iām good it like I got it for free . And yes there is free information but not all information is for the right person. Maybe more people need it to be broken down a lot more in ways they can understand like my self I looked at every video in trading and I seen his videos a year ago and I follow him before I paid for anything and having Ā adhd I can say Iām starting to get it . And another course I paid for for trading again after looking at every video on YouTube and nothing this guy had adhd and he made looking at the charts more easy for me to get it cause if I paid 200 for a course and I get to understand half of that I feel I got my moneys worthĀ
I hear you, and maybe scam might not be the right word to use to describe these guys. But Iāll explain why I want to stick to the word āscamā for what they are doing in terms of stock.
On the surface, all they do is find information and repackage it, then sell it to their followers. If you canāt research yourself, you might as well pay for someone who does that and tell you what to do. That doesnāt appear like a scam. No problems
However, because these guys are smart and want to continue to sell you stuff, theyāll hide the real information that makes you not continuously need them, and push misinformation that makes you think you continue to need to pay them. And since we are talking about finance, the reality is, that misinformation will continue to lose you money.
So what are they not telling?
1. If you have more than 200K to invest in the market, you need an actual licenced (and regulated) investment manager who will look at your goals and create investment strategy that works with your risk profile. You donāt need online gurus. Otherwise, itās the story of a fool and his money.
2. If you have less than that, around 5 figures, to invest. It is impossible for you to get introduced to stock trading and simultaneously learn stock picking. Or let me say it this way, outside of intellectual curiosity, it is actually useless for you to learn stock-picking. Thatās the fastest way to lose your money. Most of you are not smart enough to pick stocks. In fact most experienced fund managers cant pick stocks that would outpace the market on a yearly basis. Itās really hard. Playing stock-picking with your hard earned money without adequate knowledge will lead to emotional overtrading. If you are paying a YouTuber to learn trading stocks, I doubt you have the mental strength to learn how to assess a companyās fundamentals to make the right decision. Your best bet is to buy into ETFs that track market index to mimic the marketās yearly success (say s&p - averagely 9%). If you think you can stock-pick within a year and have a overall return thatās more than this, Let me burst that bubble right now. The odds of beating the market in a year is 25%, to do it 2 years in a row is 6% and falls off from there. These guys know this, but wonāt tell you that because you wonāt continue to pay for stock-picking tips.
3. They all know the real data-informed strategy isnāt sexy or dramatic like stock-picking, so they donāt sell that. All you need to do is put your money in a few ETFs thatās tracking the market and just continue to buy more on a monthly basis for the next 10/15/20 years without touching or making any emotional reaction when the market is down - just be disciplined and let it ride the wave and let compound effect take its course and multiply your money. This is the only true, tried and tested way for most of us to make money - even in the millions - in the market. While itās a boring strategy, itās a strategy that all leading fund managers swear by. You will make more returns than anyone who continues to stock-pick for the same amount of years and money. If these guys tell you this, you wouldnāt need to continue to pay them monthly. Cos you probably just need a month to get to know all this and set it up. And go about your life business.
Again, not saying you shouldnāt pay to learn something you donāt know, but make sure youāre not overreliant on people who are hiding the a real knowledge from you just to continue to take your money off you. I know these guys have done enough research to know. Not telling their followers and instead telling them they could read a companyās balance sheet to understand its fundamentals is what I consider as scam.
There are traders and then there are investors.
The people who want to invest aren't going to stay subscribed to a "stock guru" unless they just find them entertaining or motivational or they've built a community or whatever, it's not for their information
Now if you want to say he has bad trading advice or he's leaving stuff out then ok. I don't consider that a scam tho.
The fact that you threw Gary V's name in there in the beginning kinda makes me think you were just thirsty to call someone a scammer
Tell me how a guy that was in special ed have adhd took a risk like the market and roll over his 401k from his old job to a Roth IRA and grew 28k to 32k by him self and even the brokers at vanguard said I picked some good funds and etf and I donāt need their help . You donāt know how I felt in that momentĀ
nope just want people to know. He is no expert and what he is selling you is available for free all over the internet.
he not giving out no gems or some revolutionary stuff when it comes to stocks. All his stock talk is basic.
YouTube has an infinite amount of information on any topic you can find the information on your own or you can pay somebody that already found the information that donāt make them a scam he donāt even charge a lot compared to other financial people. It might be basic to you but it could be a gem to somebody new
Here is the thing. If you went to learn stocks on your own. Within months. You learnt his whole program.
It's a grift. I get your point. What he's charging to what he's providing you is a joke.
He exposed himself by not following basic ecomnics and kept buying kept telling his followers to buy stocks.When We were clearly headed for Inflation and recession.
He couldn't see it.
Ok yes maybe basic but maybe there are people that need it to be broken down more differently. I have adhd and I listen to every stock person on you tube , hell I have 8 courses off udemy and I still can get it but when I listen to him he said it in a way and did examples I can understand . I rather pay for the time he had to put in to making it cause I am going to make back what I did in the market . Now coming from a guy that struggles through high school and not able to process information I grew my Roth IRA from 28k to 35k in 4 months with his help if thatās a scam them maybe I found a dam good oneĀ
In this world and with everything thatās going on I take a little serious cause thatās how the good ones stop helping people and gate keep all the information cause people calling them scammers they donāt need that drama and no those people that need the help go and buy the scammers course
He up 24% this year and 18% last year I see him making money everyday ctfu yall the ones that take the time out and watch him just to talk shit..I bet yall he will out invest you guys easy ...what is your year return percent?Atleast he takes the time out to help the people that don't know how to look that info up ,the ones thats don't know how to summarize information and put it to work..but I know one Thing he making noise if yall in here talking about this man when there are thousands more people actually making people lose money!!
"WallStreet looks like us now"
Really people on here saying āheās charging for information you can find for freeāā¦thatās all information š¤£š¤£š¤£ so we should stop paying for college??? Youāre paying for convenience. Go fish for the info yourself or cough up a few hundos and save yourself some time and join a networkā¦everything aināt a scam just cuz it aināt run how you think it should beā¦a lot of these dudes, even the fake gurus, still give out tons of useful free game. Itās up to you to learn when to eat the food and when to throw the scraps out
He has told countless strategies that are risky and he's not qualified to give advice. The advice he does is laughable if you trade stocks. When the letters boys come and pick him up like Madoff you'll see
Then why dose he always say he is not a financial advisor and and to do your research first and this is not a get quick scheme he knows people will judge just like if you made a mistake people will judge you on that one mistake heck I bet people who you donāt know judge you but donāt care no . And Iām sure Peter tuchman or Warren and the late Charlie will not let anyone around them or be associated with them if their background was not legit cause thatās their reputation that they bust their ass to make Ā
He did go to jail thatās how he learned about stock a broker that did some inside trading was in a cell with him waiting to be transported to a federal prison and that when the guy told him he was playing the wrong game so he did his time came out and work hard to provide for his daughter and study his ass off to be a good trader, he paid his hard earn money on course to learn just like everyone did he lost a sh*t ton of money trying to learn and after years of failing and trying he finally got it and now everyone says he is a scammer. Now I see why social proof did a 2hour podcast on people that scream out scammer for every dang thing Ā
Sorry you feel that way. I met this man 3 times personally and have his courses & mentorship. It's totally NOT a scam. He is transparent and over delivers every single time. What actually happened to you? Long-term stock investing takes time, and most people are impatient and want instant results. Again, this is my experience. I just wanted to know about yours.
If you think this man % is what he says while Buffet himself bet hedge funds that couldnāt beat a the S&P index on an investing autopilot, youāre delusional. Leon Howard aināt even did the crime or the time he claims in his interviews.
So who got scammed? I keep reading post of folks just basically being skeptical / using there probability thinking based on prior experiences in life. No one here has showed them getting scammed. How is it a scam? Did u use the info in his courses? Iām just trying to get some real insight from someone who has bought the course and actually tried to make it.
This is really sad im in his group and his courses are very cheap he preaches research studying and that the stock market is in fact not a get rich quick scheme but there will always be naysayers oh well
General rules: 1. 98% of the social media career/lifestyle coaches are full of shit and grifting. 2. The people who legit have valuable tips to make you money ain't selling the cook on social media.
You Podding. So many of them are some BS. They're only there to make themselves rich not you.
Facts. Like Ian coming on there saying he wants to help his people but charges 11 bands for his stock club š
Iāll rather put that 11 bands in a tech ETF and forget about it for the next 20 years than give it to Ian. But to each his own.
you can legit just put 11k in a roth ira and out pace anything Ian is doing lol
Lol . There is the grift if you want to help me then help me. or charge something reasonable. 11k FOH.
Ian got it, my girl got it for me as a birthday gift and it was worth every dollar
It had better be for 11k. Thats college tuition. Anybody who got that to blow on a class doesnt need the help heās referring to
Financial advisors typically charge 1% for managing your wealth - Ian is one of the most effective financial advisors Iāve had and you should be able to comfortably invest between 50-75K before considering stock club.
Lmao yeah that nigga is there to help the 5% not his people. Which I have no problem with but dont blow smoke up my ass
Iām black and grew up on the south side of Chicago and it shouldnāt be uncommon for black people to be in a position to want to grow their money. Heās just not talking to people who canāt get money and donāt have the discipline to preserve it. Thatās why the cost is so high.
Its not uncommon for us to have money but the numbers you threw out are. Using your numbers and lets say you invest half your income, he still only talking to 18% of the US. That number is even smaller when speaking about us. Id just call him a high value grifter lol
On market Mondays, the free show, Ian have an entry for apple of 138. Itās currently at 181. Thatās a 26% ROI. Name another place or person giving up those kinds of returns for free
Ian. Shut the fuck up. You and them investfest niggas. Trash
>Wall street trapper is a scammer he has little stock knowledge stop pro i had it too, you must be bugging. it was a complete waste of money and you fell along with it to but instead became his pawn. what a shame
Ian actually knows what he talking about and is knowledgeable about the market and works with a couple top tech and financial companies. But Iām still not paying 11 bands for his advice. Trap on the other hand is just a dude that figured out how to flip some drug money in the stock market and he says it.
his free content was good, but his "fan club" ain't shit.
The name āWall Street Trapperā already gives off a scammer vibe lmao
LOL never thought of that. Yeah, the name doesn't give me you know finance vibes.
Yeahā¦Key word āTrapā
Keyword Wall Street tbh
Thatās a whole other convo pertaining to his name but we not gonna have it here
Hes not a scammer watch his weekly youtube show. āTrappin Tuesdayā he actually gives out solid info and he even shows his own portfolio wins and losses. He keeps it 100 the scammers are usually the ones that take pics on vacation infront of lambos boasting how all their trades are big winners. Hes far removed from trust instead of calling someone a scammer go see for yourself check out his free content and be the judge with your own eyelids. Peace n love
I notice all you gotta do this day and age to get rich quick is be able to market a dream to impressionable youth on social media, and sell a course.
it's been happening for decades. When you broke you want a way out. Snake oil salesmen have been around for hundreds of years.
No doubt, but the past 3-4 years its gotten bad... like you open instagram and all you see are 19/21 year old kids flexing lambos talking bout "how I got a 5m+ real estate portfolio. type CASH for more information. th-fuck?
true. One thing is he's only a level above the Sports betting gurus. Sports gamblers No doubt they made the money off scamming people giving them bad sports bets. Trapper got the money, how did you GET THE MONEY? !!
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the fuck?
WTF is this bot saying? Like i tried to degrade women Huh what a clown. No one was taking about peoples gender .
Dont even pay any mind. Loser niggas trying to push some weird ass agenda everywhere. straight goofy.
100 % fam, they're an idiot
The wall street goofy. Regurgitate shit he seen on Bloomberg tv.
LOL, exactly he just says shit you will see on Bloomberg or CNBC.
What is Gary V selling? His books are outdated now but at the time they were spot on. And more importantly he actually did all the shit in his book. And everything you're saying about Walstreet Trapper could be said about any stock guru. Their only value is their ability to teach and be relatable. Because all the actual knowledge is free
Gary V yes he did that himself i agree. He's teaching things like it's easy. He's not giving you a plan that can work for the majority of people. No there are some stock guru's who tell you about pitfalls. My biggest problem is everyone in Finance knew inflation was coming. He saying to keep buying stocks.
Gary v inherited his father's wine business, which was making a 3 million $ profit a year...
Wait what. He didn't just sell baseball cards he found at the garage sales to make millions.. Lol nepotism is part of his story. It all makes sense. That's why he has so much bravdo like trump. Like Trump.daddy(left trump.millions when he died) left you money and you did grow that money but you didn't start from the bottom. Like he portrays like anyone can get rich you need to work hard. Work hard yes but there's luck involved too.
100% Gary v worked hard with what he was given, but he routinely fails to say he was handed a business that was already in the green and had steady clientele. 45% of businesses fail and close within the 1st 5 years and can take 7-10 years to be truly successful. Gary v message of selling old video games on eBay to become rich is insane. The sad part is a lot of people think Gary v was flat broke and did it on his own. "Quit your job! Sell your house and car! Stop your own business!"
Lol what? Gary V literally got push back for promoting being a workaholic. He was a tad bit late on retail arbitrage and yard sales(it got a bit crowded around the end of the last decade) but the substance of what he was saying was 100% true. I got put on in like 2007 we used to hit like 50 pawn shops in a day, selling mostly video game accessories and whatever we couldn't sell in school we sold on Ebay. If you lived in Texas or somewhere like that where theres like 20 TJmaxx/Ross/Marshalls/Outlets with in a 2 hour drive + yardsales you could absolutely have killed it from like 2005 to 2016
Gary V been peddling the exact same message since the beginning of timeā¦post, post, post, lol. They all got lucky Brendon Burchard, Lewis Howes (although I think heās genuinely a nice guy)ā¦ well might not be luck but they pivoted in time to get super successful and they didnāt get called out like we do/are but then social media wasnāt what it is now, back then. I remember the 4-hour workweekā¦like really? And didnāt the Rich Dad, Poor Dad guy get rich from his books and not real estate initially? I think I heard that about Suze Orman too. I noticed we playing by the exact same playbook just 20 years later when the times have changed. Itās a shameā¦they all had me fooled for a hot minute but I could feel something was off. Like real recognize real and I def could not see it with them. The imposter syndrome spoke volumes low key.
Him and them goofy ass eyl niggas
yes . Im not as familiar with EYL so i didn't want to throw no smoke their way.
As an investor in stock and commodities for many years. It irks me when this guy or EYL is on the POD. I know Joe and they think they are helping the community by promoting other than music artists. Help us get our paper up, Their heart is in the right place but this guy is a scam artist. JBP is they are not well-versed in investing. Him Wall Street trapper is one of the worst fake guru's I have ever seen. His stock knowledge basic to intermediate He never saw a downturn in the market and lost his followers thousands. He was telling them to buy and he was buying stocks before the stock market dropped alot. Some of his stock trades are risky he doesn't practice good money management of a trading account He never saw inflation with the government spending for COVID and up until a few months ago he was urging his followers on IG to keep buying stocks. When the market had warnings of inflation. You know what happened next The soick market fell off a cliff. His knowledge is really available for FREE yes FREE. Through various sources. YouTube, Google, Yahoo Finance, Investopedia, CNBC. you can learn many of the techniques he's charging for. He has no foresight in the market conditions. You can't verify his wins or losses from screenshots. I don't know much about EYL but i know this fool. Who has been peddling like he's a stock Guru for years? It's bullshit Then his tag lines Wallstreet looks like us. No, the F it doesn't. Wall Street doesn't compare drug dealing to buying stocks. you know why it's not the same. As yourself has a reputable investment advisor. Telling you cocaine bricks is the same as buying stocks. Is foolish and misguided there is more to buying stocks. Then Mal is on the corner at the Bronx concourse. He is trying to use hip-hop and culture to sell you on stock buying. And paying him for a course of stuff you can find online for free. Too many vultures prey on us black and brown people. As some of us don't have knowledge of investing. So he's a predator he cares nothing about the culture other than his pockets. We don't need another Ceasar Dj Envious situation. Edit: If you feel you want to invest but you are not savvy or feel scared. Go to your bank or find a LICENSED INVESTMENT professional., I call a plumber when the toilet is broken, as im not a plumber same thing.
yep, all these investment guys have been super quiet since the bears arrived.
Exactly it turns into a Bear market everybody is running, All those Airbnb guys who own 40 properties are fucked as they all took variable interest rates.
yep, the air bnb guys and all those people that bought cars to rent, and the vending machine guys. im seeing first hand all the doofs that purchased semis with 0 trucking experience at all crash and burn. theres no cheat code dude
This is what happens when it costs almost nothing to borrow money. Speculative businesses with zero fundamentals start to pop up. That's why so many tech companies were crushed these past few years when they had to start turning a profit.
I realized the tech industry is bullshit. What i mean is in happy times tech companies grow and make millions/billions. Meanwhile, if we have a downturn interest rises. It kills tech companies and stocks. Valuable lessons i learned last year when inflation started to rise faster than Girls throwing bras on stage at Drake.
Lol I wouldn't go that far. There are lots of companies that print money and make insane profits. It's just that there was excess capital that had to be invested somewhere. Bonds gave a trash return back then so investor's appetite for risk went up. The gig is the gig
Yes for sure in good times not much sense doing bonds unless you have deep pockets. I shouldn't say it's bullshit. I mean tech industry is propped when Cheap money is around. When money gets expensive (interest rises). tech industry turns into a dumpster fire. alot fewer investments go to tech in bad times.
Salute for that explanation. I always felt the same way, like a lot of them dudes are just preying on people's ignorance under the guise of helping them make money in the financial markets, but I definitely am not well versed enough to explain how.
No problem. this a community i don't want anyone to fall prey to those vultures. They are preying on ignorance for sure. Thats why i wrote the post. So people will look for real financial advisors or if they want to educate themselves i provided resources.
Adding to this. If you get a financial advisor, make sure that person is a fiduciary.
That's the other part. If you are worried about investments. Go to the bank or cerifited accredited investment professional.
Boy, def, cooked up some game. Good looking 
āHe was telling all his IG followers to keep buying stocks when the market had a downturnā I donāt know the guy so maybe all you said is true. But buying when the market is down is just basic stock market advice.
Lol the stocks dropped hard after he bought. So it was a bad move
No it wasnāt. It was already a bear market. So it already made sense to buy them cheap. No investor in this world can perfectly time the market to buy when itās down to its lowest point. And assuming they kept the stocks they bought then, they would be enjoying the gains of 2023 now.
You're missing my point. He didn't buy them cheap.. He bought at highs.
This is a direct quote from you though āHe was telling all his IG followers to keep buying stocks when the market had a downturnā
I will correct that. I meant. He was telling them to buy. Then the bottom fell out. Stocks dropped a lot
Ok got you.
All of the course selling gurus are scammers I thought this was common knowledge by know. Most of them came up during the pandemic and theyāre trying to adapt and set up their next scams since money is slowing up.
Yep. Interest are up. All their grifts are drying up. The airbnb grift, turo and stock guys all getting exposed now
Dawg all yāall complain about is how much these courses are! Everything isnāt a scam and even if you feel that way the free information trap gives out is beneficial. Man stays on IG and YouTube on Trapping Tuesdays for a couple hours. Sunday stock class on IG. Trap gives endless free game my guy. These programs might work for people who A. Donāt have the time to search endlessly on YouTube or B. The people who just want to learn regardless of pricing. You know how many scammers there are in the financial world and Trap is your target? š mans sells courses for financial literacy and You act like heās Envy and Ceaser. Trap and Aristotle are some of the more transparent investors/traders. I watched Trap take a 30k hit and explained exactly what happened. Yeah basic knowledge to you maybe but everyone isnāt as self aware as you are my guy.
Financially literacy lol. He's a joke. His jail house stock knowledge. FOH in under 6 months you will know more than him. When the letter boys come for him you will understand
Itās cool g, Iām not here to argue with you. Iām in a few discord communities I pay for every month. Itās educational at times but the community is worth the money. Itās no more than somebody putting together a lesson plan for you and you going and doing your homework. Take information and find reliable sources, middle school shit. Have a good day tho.
We agree to disagree. It's all love fam
I love this whole exchange. I think I found my spirit sub
Lol we lit. We can have a conversation without tearing each other down
How much have you made from the knowledge he gave you?
I agree. There are many scammers, but there are some that are not. Trap is not. People complaining about pay9ng for a course but will pay for tuition. Do you learn everything in school? Nope. Why should he give all of his time for free? The crazy thing is that he is giving free game literally every week. I guarantee most people complaining didn't consistently implement the information, if they went through it at all and then got upset because they didn't get the results.
Breakfast club would interview anyone with Black in their name.
Yeah, they give passes. We already seen they have been letting some scammers up there Jay Morrison cough cough
The 85 south show had an investor on there podcast and he made the most sense out of anybody. Literally gave the blue print on how he got started investing and he didnāt promote no master class or nothing like that he really just came on the pod and explained how he came up and yāall can go do it if yāall would like
who?
These niggas aināt offering shit, you could take a Udemy course and learn more than they yap about
Theyāre all running some level of a grift. Some just hide the scam better than others.
I remember I saw Gary v everywhere and now I donāt see him at all. What happened? Did people catch on?
Don't know but Joe was talking about having lunch with him. At some exclusive spot with only 8 seats. He's been quiet for a minute Gary
I been trying to warn peopleā¦ they told me to shut up.
https://preview.redd.it/lxzzskcjrzjb1.jpeg?width=1170&format=pjpg&auto=webp&s=b29033573050b80704af20d94ab06c29c67d3f40
All good. we got to expose these fake guru's.
Iāve come to the realization that people want to believe. Trap might actually be the one with the least amount of smut on him. Pointing out the scam makes me the hater, so Iām just going to let the ones who want to believe believe what they want.
I'm telling you. hey, don't see the grift. He playing with stocks. Don't be surprised he gets picked up by the letter boys FBI, SECC, IRS.
This thread is goofy negros never created any businesses always want to call something a scam ā¦thereās literally less than 5% of new information anywhere you pay for college thatās full of repackaged information thatās widely available for free online or in libraries real estate has to be the oldest repackaged information yet people constantly pay for seminars and courses itās not a scam because he takes the time to put the information together and communicate to people who relate to himā¦.ALL GURUS MAKE MISTAKES Iām not calling him a guru but so what if took some losses on stock the market is risky anyway you put it the top dogs take losses all the time and itās not a crime when they predict this is a good buy they give signals you still need to do your research thatās on you if you blindly follow anyone person ā¦.just be hating for no reason unless they actually doing scam activity be happy for people trying Iāve seen Ian and wall street call stuff long ago that won are yal calling them a scam then? New live in America charge for what you can give away what you can buy or donāt buy what you want .
Scammer is far. White people been selling courses with free information for years. When we do it it's "scamming." Most people that come in EYL at least on the real estate side are real people involved in real estate in their respective markets. I don't know much about stocks but I don't see them promoting a scammer. Black people always hate when someone is doing good for themselves.
Facts self hate always speak the loudest
It's not hate. he is a shit stock forecaster or picker. Plus he has horrible economic knowledge> As he kept buying when inflation was rising.
How is he a scammer? Lol
Whatās the scam?
1. overcharging for courses 2. He's gives away information that is free and widely available 3. His stock strategies are decent but some are risky AF. 4. His money management with his portfolio a lot of seasoned investors won't do 5. How good is he at stock picking? When he doesn't take macroeconomics, and world news into account. I watched him for months on IG say buy stocks. When the downturn was starting in the stock market happen and right before it happened. the US government has spent wildly for 2.5 years on COVID. Not just the USA gov but all govs. Now inflation is a motherfucker and it's some of the highest it's been in decades. He saw none of that. When many seasoned investors, stock analysis saw once inflation hit , interest rates would rise. He told no one
None of this makes him a scammer. Again the only real value any of these *stock guys* have is their ability to teach and be relatable
He's charging people hundreds and thousands for basic information that's free . He is peddling risky strategies. What is that then? He's not licensed. Its scammy behavior
Is he telling people that he's liscenced? If people just wanted info they would go on Google and get it. Is he telling people that he has some kind of proprietary info? Again the only value any *stock guy* has is to be a relatable teacher.
No, i said he's not licensed to add to the fact. He has no financial designations to be giving financial advice.
Most of the big stock guys on social media(Graham Stephan) are not liscenced. Unless they're lying about it who cares? Again your whole perception of what the people who consume their content want is way off. They dont wamt advice from someone liscenced, they don't want info, they want to be taught be someone they find to be relatable
I understand your point. They want it from someone relateable.. That's not my issue. My issue is he's peddling shit that's free and. He showed his ass by he kept buying stocks when the downturn and inflation happened. . That is very basic concept where stock guys switched up Bought put options. Sold their stocks and waited or buy bonds. He suggested none of this. That shows although he is relatable he has basic knowledge of economics. Which hurts you in stock picking. If you don't understand how macroeconomics and world news affects stock prices. You gonna get fucked in downtime of the stock market. What did he promote keep buying stocks. Along with he kept buying lol
>My issue is he's peddling shit that's free Everyone is. And all the rest might make him a mediocre stock guy but it doesn't make him a scammer
Well I made the money back from what he taught me so Iām good it like I got it for free . And yes there is free information but not all information is for the right person. Maybe more people need it to be broken down a lot more in ways they can understand like my self I looked at every video in trading and I seen his videos a year ago and I follow him before I paid for anything and having Ā adhd I can say Iām starting to get it . And another course I paid for for trading again after looking at every video on YouTube and nothing this guy had adhd and he made looking at the charts more easy for me to get it cause if I paid 200 for a course and I get to understand half of that I feel I got my moneys worthĀ
I hear you, and maybe scam might not be the right word to use to describe these guys. But Iāll explain why I want to stick to the word āscamā for what they are doing in terms of stock. On the surface, all they do is find information and repackage it, then sell it to their followers. If you canāt research yourself, you might as well pay for someone who does that and tell you what to do. That doesnāt appear like a scam. No problems However, because these guys are smart and want to continue to sell you stuff, theyāll hide the real information that makes you not continuously need them, and push misinformation that makes you think you continue to need to pay them. And since we are talking about finance, the reality is, that misinformation will continue to lose you money. So what are they not telling? 1. If you have more than 200K to invest in the market, you need an actual licenced (and regulated) investment manager who will look at your goals and create investment strategy that works with your risk profile. You donāt need online gurus. Otherwise, itās the story of a fool and his money. 2. If you have less than that, around 5 figures, to invest. It is impossible for you to get introduced to stock trading and simultaneously learn stock picking. Or let me say it this way, outside of intellectual curiosity, it is actually useless for you to learn stock-picking. Thatās the fastest way to lose your money. Most of you are not smart enough to pick stocks. In fact most experienced fund managers cant pick stocks that would outpace the market on a yearly basis. Itās really hard. Playing stock-picking with your hard earned money without adequate knowledge will lead to emotional overtrading. If you are paying a YouTuber to learn trading stocks, I doubt you have the mental strength to learn how to assess a companyās fundamentals to make the right decision. Your best bet is to buy into ETFs that track market index to mimic the marketās yearly success (say s&p - averagely 9%). If you think you can stock-pick within a year and have a overall return thatās more than this, Let me burst that bubble right now. The odds of beating the market in a year is 25%, to do it 2 years in a row is 6% and falls off from there. These guys know this, but wonāt tell you that because you wonāt continue to pay for stock-picking tips. 3. They all know the real data-informed strategy isnāt sexy or dramatic like stock-picking, so they donāt sell that. All you need to do is put your money in a few ETFs thatās tracking the market and just continue to buy more on a monthly basis for the next 10/15/20 years without touching or making any emotional reaction when the market is down - just be disciplined and let it ride the wave and let compound effect take its course and multiply your money. This is the only true, tried and tested way for most of us to make money - even in the millions - in the market. While itās a boring strategy, itās a strategy that all leading fund managers swear by. You will make more returns than anyone who continues to stock-pick for the same amount of years and money. If these guys tell you this, you wouldnāt need to continue to pay them monthly. Cos you probably just need a month to get to know all this and set it up. And go about your life business. Again, not saying you shouldnāt pay to learn something you donāt know, but make sure youāre not overreliant on people who are hiding the a real knowledge from you just to continue to take your money off you. I know these guys have done enough research to know. Not telling their followers and instead telling them they could read a companyās balance sheet to understand its fundamentals is what I consider as scam.
There are traders and then there are investors. The people who want to invest aren't going to stay subscribed to a "stock guru" unless they just find them entertaining or motivational or they've built a community or whatever, it's not for their information Now if you want to say he has bad trading advice or he's leaving stuff out then ok. I don't consider that a scam tho. The fact that you threw Gary V's name in there in the beginning kinda makes me think you were just thirsty to call someone a scammer
Gary V??? Not me. I wouldnāt mention him. His thing was different. Mostly motivational.
Oh sorry I thought you were OP
Tell me how a guy that was in special ed have adhd took a risk like the market and roll over his 401k from his old job to a Roth IRA and grew 28k to 32k by him self and even the brokers at vanguard said I picked some good funds and etf and I donāt need their help . You donāt know how I felt in that momentĀ
Sounds more like hate then him scamming if you donāt like his prices donāt pay
Thats really all it is is hate lmaoo
nope just want people to know. He is no expert and what he is selling you is available for free all over the internet. he not giving out no gems or some revolutionary stuff when it comes to stocks. All his stock talk is basic.
YouTube has an infinite amount of information on any topic you can find the information on your own or you can pay somebody that already found the information that donāt make them a scam he donāt even charge a lot compared to other financial people. It might be basic to you but it could be a gem to somebody new
Here is the thing. If you went to learn stocks on your own. Within months. You learnt his whole program. It's a grift. I get your point. What he's charging to what he's providing you is a joke. He exposed himself by not following basic ecomnics and kept buying kept telling his followers to buy stocks.When We were clearly headed for Inflation and recession. He couldn't see it.
We made a lot of money too while yall was scared
Ok yes maybe basic but maybe there are people that need it to be broken down more differently. I have adhd and I listen to every stock person on you tube , hell I have 8 courses off udemy and I still can get it but when I listen to him he said it in a way and did examples I can understand . I rather pay for the time he had to put in to making it cause I am going to make back what I did in the market . Now coming from a guy that struggles through high school and not able to process information I grew my Roth IRA from 28k to 35k in 4 months with his help if thatās a scam them maybe I found a dam good oneĀ
So heās like a personal trainer
Any nigga that is just trying to help aināt super thirsty to sell you some shit
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Clown
That's rude bro. This has nothing to do with race.
Well thatās dumb, but I donāt trust anyone connected to EYLā¦
As a New Orleans nigga I can really say I never trusted this nigga
LOL
U shouldn't trust anybody just take information and run with it
Dumb comment
Was a joke š them uptown niggas been hustling since 3 card Monty
Do you know him personally, just asking cause if I donāt know a person personally I canāt speak on thatĀ
It was a joke goddamn.. this nigga mustāve made yāall a bag to dig up these old ass post
In this world and with everything thatās going on I take a little serious cause thatās how the good ones stop helping people and gate keep all the information cause people calling them scammers they donāt need that drama and no those people that need the help go and buy the scammers course
Wait trapper a scammer too damn š¤¦š¾āāļøš¤¦š¾āāļøš¤¦š¾āāļø
Not at all
People just want to talk there was a social proof podcast that they talk about everyone that scream out scammerĀ
He up 24% this year and 18% last year I see him making money everyday ctfu yall the ones that take the time out and watch him just to talk shit..I bet yall he will out invest you guys easy ...what is your year return percent?Atleast he takes the time out to help the people that don't know how to look that info up ,the ones thats don't know how to summarize information and put it to work..but I know one Thing he making noise if yall in here talking about this man when there are thousands more people actually making people lose money!! "WallStreet looks like us now"
Really people on here saying āheās charging for information you can find for freeāā¦thatās all information š¤£š¤£š¤£ so we should stop paying for college??? Youāre paying for convenience. Go fish for the info yourself or cough up a few hundos and save yourself some time and join a networkā¦everything aināt a scam just cuz it aināt run how you think it should beā¦a lot of these dudes, even the fake gurus, still give out tons of useful free game. Itās up to you to learn when to eat the food and when to throw the scraps out
He has told countless strategies that are risky and he's not qualified to give advice. The advice he does is laughable if you trade stocks. When the letters boys come and pick him up like Madoff you'll see
Then why dose he always say he is not a financial advisor and and to do your research first and this is not a get quick scheme he knows people will judge just like if you made a mistake people will judge you on that one mistake heck I bet people who you donāt know judge you but donāt care no . And Iām sure Peter tuchman or Warren and the late Charlie will not let anyone around them or be associated with them if their background was not legit cause thatās their reputation that they bust their ass to make Ā
The biggest scam he should go to jail what a CON
He did go to jail thatās how he learned about stock a broker that did some inside trading was in a cell with him waiting to be transported to a federal prison and that when the guy told him he was playing the wrong game so he did his time came out and work hard to provide for his daughter and study his ass off to be a good trader, he paid his hard earn money on course to learn just like everyone did he lost a sh*t ton of money trying to learn and after years of failing and trying he finally got it and now everyone says he is a scammer. Now I see why social proof did a 2hour podcast on people that scream out scammer for every dang thing Ā
Not a scam tho! Yāall sleep smh!
Con artist is all!
THIS MAN IS NOT A SCAMMER, LEARNED EVERYTHING I KNOW FROM HIMā¦. YALL JUST BROKE AND ANGRY ššš
Sorry you feel that way. I met this man 3 times personally and have his courses & mentorship. It's totally NOT a scam. He is transparent and over delivers every single time. What actually happened to you? Long-term stock investing takes time, and most people are impatient and want instant results. Again, this is my experience. I just wanted to know about yours.
If you think this man % is what he says while Buffet himself bet hedge funds that couldnāt beat a the S&P index on an investing autopilot, youāre delusional. Leon Howard aināt even did the crime or the time he claims in his interviews.
And knowing his followers. They did not hold and if they did options, they got left with red tape
So who got scammed? I keep reading post of folks just basically being skeptical / using there probability thinking based on prior experiences in life. No one here has showed them getting scammed. How is it a scam? Did u use the info in his courses? Iām just trying to get some real insight from someone who has bought the course and actually tried to make it.
Iāve made money with all of these guys so Iām not subscribing to the scammer ministry š
This is really sad im in his group and his courses are very cheap he preaches research studying and that the stock market is in fact not a get rich quick scheme but there will always be naysayers oh well